3 ms·
> in the same way you can pay with cash in the real world. but stuff on the web is not at all like stuff in the real world! this is a hugely understanted pro
by naringas 6y ago
> in the same way you can pay with cash in the real world.
but stuff on the web is not at all like stuff in the real world!
this is a hugely understanted problem. digital artifacts have zero reproduction cost (beyond a few volts and a couple of amperes, which are provided by whomever copies)
therefore, IMO, the market mechanism we have in place, which evolved to optimize material goods, is woefully inadequate to deal with digital "goods"
finally, this is not a technological problem, but a sociopolitical problem.
- x32n23nr 6y ago> but stuff on the web is not at all like stuff in the real world! ... digital artifacts have zero reproduction cost I am with you on this. With the cash equivalent for the web I meant more the following: frictionless, commission, private transactions that are native to the web in the way cash is native to the real world. The economics of it dictates a cash-replica won't do.